All of the Following Are True About Heuristics EXCEPT

question 65

Multiple Choice

All of the following are true about heuristics EXCEPT

• A) heuristics are rules of good judgment.
• B) heuristics are used when the modeler requires a guided approach to problem solving.
• C) heuristics are used when a solution that is "good enough" is sought.
• D) heuristics are used when there is abundant time and computational power.

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Definitions:

Monopolizes

Occurs when a single company or entity controls a significant portion or all of the supply of a particular good or service, limiting competition.

High-Pressure Sales

A sales technique that uses intense persuasion and urgency to convince customers to make a purchase decision quickly, often ignoring their hesitations.

Conversation Control

The ability to direct and manage the flow of dialogue in a conversation, ensuring that goals are met effectively.

Selling Technique

A method or strategy used by salespeople to persuade potential buyers to purchase a product or service.